2nd Quarter 2021 Wrap Up: CBDCs – Why You Want to Hold On to Your Cash with John Titus

56 Comments

1. I have a second question. Yet again, before I knew about solari, I jumped in the bandwagon like many and invested a low amount into crypto through a broker named Gemini. Invested about $70 in Doge coin. When I realized what I had done, I had lost $50 and I wanted to close the account. Problem is I’m trapped. They need my banking information to withdraw the cash and close my account. It appears their third party handling the transaction is a NY bank with ties to Chase so I didn’t want to share my banking account as it will give them access to all my information. Although my account is with Wells Fargo which I am closing this coming week, I thought I could share it, but I have concerns. My mortgage is held by Wells Fargo as well and I do not want to give them access to that account either. What are your thoughts? Should I even try and cash out my $20 or leave it with Gemini?

   1. Someone donated some Bitcoin to me before I even gave permission to do so. I donated it to a charity to get rid of it and the account. I think it was this one or one like it. https://www.rlss.org.uk
      I would donate the position to close the account. I would never give them my bank account.

      1. And make sure whatever the tax application of the reporting in your jurisdiction is that you do it properly and keep off line records of all of your transactions.

2. Before I learned about solari, my neighborhood, an upscale place had a KFC in the shopping plaza. That KFC suddenly closed about 10 years ago and for reasons no one knows. Some years passed, and the vacated building was there. Suddenly, work begins and it’s a new bank. Chase. Mind you, the block already had two other banks, one being Wells Fargo, and the second BB&T now called Truist. It’s shocking to me to see three banks in the same block to support a community so small. About 5 miles from the neighborhood, there’s another Well Fargo and a Credit Union. It’s rather odd to me. Why is there a need for five financial institutions within a five mile radius?

3. please set this interview free for everyone possible to post on their platforms. the info within bears huge potential for building on the resistance momentum created by the canadian truckers ~ we’ve got to build on and further the resistance they’ve ignighted. please set this info free to travel as it will and create whatever potential it may.
   thank you so much for this interview!

4. Hi Ms Catherine,

   I love your articles and videos. I was wondering how do you convince someone who is a computer engineer and still not open to know more about all that is going to happen especially about the CBDCs. He listens to OAN and Fox but thinks that if it is not in the news, is not concerned. Especially about collapse of banking, economy and getting money out of system.Have sent several of your videos and others but not sure if he has listened. Thank you!

5. Just listened to John Titus’s CBDC discussion. I continue to question what people who are retired, with no debt, but are retirement invested via financial advisors where our assets are out of our hands. They may be somewhat liquid, but not like silver or cash in a safe. Furthermore if the government outlaws cash and requires turnover of precious metals in favor of CBDC with fine or imprisonment being the penalty, what are our options. Is silver as legal tender, and becoming unbanked, paying local growers for food etc. a viable option? What do we do with our market investments–we can’t put them “under the mattress”?
   I have been enjoying Solari and have been preparing in every way I can, (thank you for your advice), but the dilemma of what to do with portfolio funds confuses me—I did however just move my investments out of Black Rock after reading about Mr. Fink’s thinking in the Wall Street Journal, along with your your continued warning of his part in the Agenda upon us.

   1. I have a small portion of my assets in stocks – but I can see what companies I own, they are screened by me and I have a hedge on.

6. If CBDC becomes a reality, how would local banks / credit unions continue to look after their customers if governments decide on new digital currency banking laws? Surely all banks would at some point have to follow new banking legislation dictated by Mr Global?

7. your videos do not keep playing…monkeyshines!

   1. Currently and in the future we are putting up more options. Are you in a rural area?

8. looks like someone hijacked your work, found this on Zero-hedge:
   Central Bank Digital Currencies: A Future of Surveillance And Control
   Tyler Durden’s Photo
   by Tyler Durden
   Sunday, Sep 26, 2021 – 03:00 PM

   1. It is good to see the control warning spread. The more the merrier! This was one of the reasons we just published John’s summary on a public basis – and it has been translated into German, French, Italian and Spanish.

9. How does the QFS work with the great financial reset? When we discuss the globalists plan…it seems that it is about the Covid passports for a slavery system. How will this connect to the new QFS and new satellites deployed? Or will it?

10. I wish I would have known about this information years ago. I’m learning as fast as I can. We all need to learn as fast as we can. Our constitutional democracy depends upon it.

11. The money today show creates a lot of connections for the cbdc and the crypto world.
    https://www.youtube.com/c/MoneyTodayShow

12. Patrick Wood said the one thing that Technocrats fear is Congress. We must sound the alarm to everyone we can. The legislature (no matter who’s there) must never allow the CBDC to pass. Great job on this. Allows even the lay person (like me) to understand. Monetizing our data is one way to keep busy those “not in the inner sanctum”.

    1. Have to stop the passports first. CBDC are dangerous. Passports will round us up and hook us into the CBDCS.

13. Hi Catherine,

    Thank you so much for posting John Titus’ work! I find it so extremely helpful, and I would not have found it on my own. Plus, posting his videos on Solari is helpful; it is hard to watch them on YouTube as the algo keeps burying them, even if one types in the channel directly.

    I understood something important from watching this 2nd Q CBDC wrap-up:

    1. The ultimate goal is total control of all of us through the financial system (I agree)
    2. Because of the overarching powers granted to health departments, the “pandemic” was set up, to put a precedent in place, that subsequently could be followed by bureaucrats with weaker mandates than health departments
    3. The current policies identify, and in effect banish all independent thinkers as outlaws, which means that —
    4. When the CBDC is in effect, independent thinkers will be invited to join, “you can travel, go to restaurants, theatre, concerts, be respectable again,” and we will all be so grateful that we will agree.

    It is a very effective technique, I’ve used it in horse training with “independent” horses, it only takes about ten minutes of being separate from the herd for a horse to see me as his leader.

    Thanks so much for helping me see this, it makes the world make more sense . . . and honestly, even knowing all that I know, it might work on me . . . we need to develop local currencies and exchange, in parallel with this CBDC system?

    1. Yes. Local currencies and exchange. We can no longer permit financial monopolies.

14. Hello,

    Excellent report! Bravo!

    Highly important and very well presented by the both of you! Thank you so much for this. I wish I had more time so I could research every piece of evidence mentioned and pointed out but for now I’ll have to settle with this while waiting for the print to arrive.
    My comments and time reference are based on the audio-only version since the Solari European Video Server gives the error “No video with supported format and MIME type found.”

    FYI I have some fairly unique and deep knowledge into the specifics of some of the existing blockchain implementations that in my opinion could be highly effective if used by Mr. Global to force centralized control into the system.

    At 45min20sec John starts talking about validation of the currency and that there are basically two ways of doing this. One path relies on private/public keys and the other relies purely on trust based on validations of identity and an “account”.

    What I would like to add to this discussion is that there already are blockchain software existing today (eosio – used on for example EOS, WAX, Ultra, … and so on…) that uses accounts instead of pure private/public keys. The default account structure in eosio is actually extremely well thought through and would be close to perfect for the controlling class to implement a system like this.

    Each account has a “owner” permission and a “active” permission.
    The owner permission could be controlled by the PSP (unless users need to be able to exist on multiple PSP-chains (two bank accounts); then the backing blockchain would likely control the owner permission (meaning BIS? could be granted full control of all users accounts). The user could control the active permission (allowing it close to full control over the account – except that it cannot replace the owner permission (I’m simplifying this to make it easy to understand)).
    If we assume the entity controlling the backing blockchain is the BIS and they want full control, while allowing limited control to the PSP this could be handled by adding custom permissions with access to certain actions (methods) on specific smart contracts (components).

    Each intermediary (PSP) could be set up to use their own blockchain, utilizing something like IBC (inter-blockchain communication) to settle transactions on a backing blockchain. To be able to verify the hashes of the transactions this would almost certainly require that the backing settlement blockchain have full transparency into the PSPs blockchains – while the PSPs have to trust what is happening on the backing settlement blockchain. This could be twisted into “respecting personal privacy” while centralizing collection of all data from all chains.
    This would be very similar to the way the social media capitalizes on private data today just like John said (around 44min:30s) where the NSA scoops up everything (BIS?) and still allows the private entities to sell their share of the data (PSPs).

    This implementation would basically allow for unlimited amounts of world-wide PSPs – all using the same backing blockchain (and token(s) if that is a wish). Each PSP (or country) could be allowed to usher some control over their “local” economies – while the ultimate power rests extremely centralized. “Who can shop where”, transaction fees and conversion rates could be managed centrally (or on it’s own chain for simplicity and to make sure the managers of these have no access to the actual transaction data).

    From the users perspective we could still be using our own “local currencies” (as long as they are blockchain based) which then automatically settles against the backing blockchain in the background allowing BIS? full control.

    I would absolutely be available to jump on a call if either John or Catherine would like more information regarding this or similar tech-related topics.

    (I tried dumbing it down for non-techies but not sure how well I succeeded.)

    1. I am trying to understand blockchain technology and the little I know at this point is there are apparently several private blockchains wherein the data of purchasers of goods or services buying from exchanges within the blockchain is kept private. Transactions can be settled in different forms of payment such as crypto currencies, or tokens or cash. One such blockchain I am familiar with settles with the seller through PayPal –which concerns me. What interests me is the privacy of personal data.

15. BIS is running a survey (3 days left) on corporate digital identity. A reminder that humans won’t be alone on the blockchain. Worth a look.

    https://twitter.com/gleif/status/1432350028144775168?s=21

    1. Thanks, Rich. Good one.

16. Catherine & John:
    That was a very useful presentation and discussion!

    Describing subscribers as “Risk Managers” was also a wonderful observation. When I jumped in, I was way over my head but managing the risk is a great way to describe why I jumped in.

    Using the phrase “the passport is the trap” helped put pieces in place to talk with other people. You are very good at taking complex topics (which take many books and hours to understand) and boiling it down to a more simple way to communicate it.

    Every avenue of investigation (and Solari covers many, many avenues) brings me back to who’s your farmer? Where does your food and water come from? Simple but effective and you can talk to most people about it.

    Always looking for ways to talk about these things without scaring people off…it’s been a long learning curve.

    1. Personally I can’t drop the feeling that the vaccine is a trap in itself as well.

       I might have missed something disproving this – but to me the people who early on in the Plandemic were stating that one of the goals with the vaccine (or at least one of the “side-effects” that happens to some of those who get injected) would create a world where people need the future shots just to survive the common cold and influenza (because their immunity has been ruined by the shots).

       Not to even mention all the other terrible effects that the doctors like Dr. Ryan Cole and Bhakdi are talking about.

       1. The vaccine, in part, is a depopulation program. The Central Bankers would love nothing more than reducing the amount of people they have to “manage” … and thus, reduce their risk.

17. Privacy: a relevant movie is Anon on Netflix, by Andrew Niccol, creator of Truman Show & Gattaca, https://www.youtube.com/watch?v=RJOoYhQcQBI

    Midianite: https://tomluongo.me/2021/08/20/the-fed-says-let-me-squeeze-your-dollars-5-basis-points-at-a-time/

    1. Data: FedAccounts paper from Columbia U: https://subscriber-input.solari.com/forums/topic/cbdc-messaging-and-trial-balloons/#post-166237

       Public-Private partnerships: Tech companies pledge billions for cybersecurity and hiring, in a meeting attended by JPMorgan Chase, https://www.reuters.com/world/us/cyber-threats-top-agenda-white-house-meeting-with-big-tech-finance-executives-2021-08-25/

    2. Fertility: a dystopian sci-fi scenario from a Twitter thread, duplicated here in case it gets deleted, https://twitter.com/ne0agent1c/status/1431173757889138690

       – corollary to this observation: when technology disintermediates sexual reproduction, expect basically all norms to go completely wild
       – genetically engineering humans that have every physical similarity as other humans (you can even engineer them to be more or less like specific groups!) but literally 100% brain dead so it’s ethical to harvest their organs and use them for science
       – caste systems? individuals will literally be unable to avoid having to fit in to a specific range of occupations they were designed for, and if they don’t fit in there, perhaps welfare will take care of them, but the genetic model is bound to be retired, if one takes my meaning.
       – family will be corporatized. the vast majority of humans will be bred by corporations. the corporations will have all the legal obligations that parents have for children, and the system will work even better than the one we currently have. capitalism will guarantee jobs/welfare
       – all sexual behavior and pursuits will be just wastes of energy and impediments to productivity. expect that to be rapidly bred out.

       That last tweet made me wonder about the use of vaccine passports to restrict access to social activities. If there’s a fertility issue in the vaccinated, and they are the only ones allowed to socialize .. until “social businesses” go out of business. Control and segregation of social activity is control of reproduction.

       UK TV series “Utopia” on sterilization: https://www.youtube.com/watch?v=DFLyisOfadU

18. Excellent as always!! John Titus-Your strong points of presentation for me are when you incorporate charts, graphs and photo’s along with your oral presentations which allow us to focus more on what you are saying and give a deeper dimension to the meanings that may inadvertently go over our heads just watching you speak. It simply is outstanding reporting that is in high demand these days…Great Job!!!

19. Excellent piece. My take away is to have my money spread in cash, physical gold and silver, out of the Country and very little in the US. I do not trust the government not one bit, zero. They will somehow shut down access to our savings (assets).

20. I need help understanding this discussion – At what point in this video do you tell us, specifically, why we want to hold onto our cash? And how do we hold onto it when the powers that be decide to digitalize the money system?

    1. I do not know if you are familiar with J P Morgan quotes:
       “Only gold is money, everything else is credit”
       And another to the effect that credit is only extended to trusted persons.
       What this comes down to is that personal information is very valuable. Manage your personal data carefully and limit the controls of the banks.
       A recent online payment I made came with a menued list of questions, among them was whether cryptocurrency was involved in this transaction. I do not know whether the bank would have blocked a transaction on any of the wrong answers, but this gives you a clue where this is going.
       Or maybe you don’t see a problem with your bank deciding how and when you spend your credit?

       1. Thank you for your response to my question. It seems my biggest issue is a lack of financial literacy. I need to acquire more knowledge on the subject.

          However, I have been a member of a credit union since the late nineties and I do use cash much more now that Solari Report started promoting ‘Cash Friday’.

          1. Frank:

             Suggest you listen to Annual 2020 Equity Overview, 1st Quarter Equity Overview + Link Collection and 2nd Quarter Equity Overview.

             We do an Equity Overview with each quarterly and annual wrap up where we discuss what this all means to your personal asset and risk management.

             1. Thank you, Catherine. Will do.

    2. > why we want to hold onto our cash

       Cash (bills not obtained from a bank that is tracking serial numbers) doesn’t leave a data trail that can be used by Santa Klaus to compile a Naughty or Nice list that can be used to restrict future activity.

       https://bringbacknormal.ie/digital-first/

21. As always, very helpful. I must comment on something Catherine said about the Solari group membership. I clearly knew I was engaging with intelligent and successful individuals when I joined a few years ago. But there is another, more elusive quality, that I sensed yet couldn’t quite put my finger on. And it is exactly as you say, Catherine. You are providing actionable intelligent to a growing group of RISK MANAGERS keen on navigating their families and businesses through uncharted waters. I am most grateful to you, and the remarkable experts you bring to us. I feel I am receiving the best possible executive briefings in near real time. There is, as is the case for any executive, no guarantee that I’ll make the correct decision. But I couldn’t be better informed as I set or correct my course. You are a godsend.

    1. RISK MANAGERS! You nailed it. There is nowhere to hide. Managing risk is the key. The Red Button story is so important. If everyone pushes it we win. I for one am packing up my family and moving to a jurisdiction where I found Button pushers everywhere. The more the better. How are you managing risk? No better place to learn than here.

22. Beyond helpful information!
    I loved the line from Catherine, “We have to end this monopoly of money.”
    I’m a first-month subscriber, and after this and many other great sources on this site, I am 100% renewing my subscription.

23. Catherine, John – Thank you for this report !

    The Bank for International Settelment’s legal agreement with the Swiss government (Headquarters agreement) is on its website. It’s a surprisingly “easy to read” document.

    https://www.bis.org/about/headquart-en.pdf

    I used to work in an organisation with a very similar looking agreement – the European Molecular Biology Laboratory in Germany. (Think CERN, but for biologists.) There’s income tax exemption for employees, police not allowed to enter the site, ability to run its own pension and health care system, immunity from prosecution (apart from traffic offences). There was also a “Sonderausweis”, a special pass, which in principle was like an ambassador’s pass, but I never had cause to use mine. In principle, I guess this agreement could have been used to perform research which would have been illegal elsewhere. (e.g. human embryo experimentation). In practice, I’m pretty damn sure this wasn’t happening 15 years ago, and the organisation seemed pretty clean and tidy. One problem which did however arise was that local courts had no jurisdiction to rule on staff grievances and one case I was aware of went straight to the European Court. What did (initially) shock me though, was that in the early phase of “the pandemic”, they seemed to virtually shut down. I assume they could have easily overruled all the government mandates and just said they were doing vital research work to save humanity. In principle, the director general is king of his small domain, but in practice is beholden to the states that provide funding.

    1. The ever-popular 17 pages!

       BIS founding history: https://home.solari.com/coming-soon-money-markets-report-september-02-2021/#comment-24054

       1. Thanks Rich!

24. Thank you, John and Catherine for all the research and information that helps us figure this out. Catherine, could you email me directly. I think there is a way to use state laws to put a monkey wrench into the passports. Sorry, when I try to contact you directly, my computer requires me to set up an account that goes through Windows, which I don’t want to do.

25. Hi Catherine, Thanks to you and to John for putting this together.
    I’m left wondering is there a part II about Public Sector Deficits and Private Sector Profits, and how this is managed with CBDCs, or is that above my pay grade?
    If I seem rude btw, that’s unintended.

26. Maybe the best and most informative discussion I have seen here yet. That is really saying something too. I would be lost without the contributors here. Thanks and believe me I see it crystal clear. For the dense, how can I get this discussion in a format that I can share with the people I know that John and you described perfectly towards the end of the video.

    1. I second this notion. Perhaps those people they described need to first see the light about one big lie or another. A good friend, who had a very severe reaction to her first (and only) Pfizer shot in March, said this morning ‘suddenly everything on CNN looks like propaganda.’ Now she is interested in hearing more about mind control and how the banks might be involved in this coup. Perhaps John’s new video will be that.

27. Colonel Lawrence Wilkerson covers Afghanistan withdrawal

    https://www.mintpressnews.com/decline-us-empire-lawrence-wilkerson-afghanistan-pull-out/278326/

    40 minutes time well spent – covers usual subjects of military industrial complex and the US empire. At the 27 minutes moves to Black rock and the great reset – well worth digesting.

    1. Thank you for this link!

    2. Wilkerson is always worth listening to.

28. Is this much awaited piece available now? Got the email notification but can’t seem to find the presentation

    1. Just link to the web presentation for the written version. Our audio and video discussion is here.

29. this is in context to president biden seeming uninformed about afghanistan. his ad lib comment about taiwan was also walked back by his administration.

    https://www.reuters.com/world/asia-pacific/us-position-taiwan-unchanged-despite-biden-comment-official-2021-08-19/

    i tend to think that rather than reading too much into it, this is what can be expected when you put an 80 year old with cognitive issues on the spot.

    i would think the domestic effect of these gaffes or misinformations is minimal. however the tarnishing the brand effect is huge. any country dealing with the US would definitely want to know who exactly is running the show here, because the front man clearly isn’t in charge.

    this is at the same time as VP harris is in SE asia talking up american commitment to the region. horrible timing to make that trip and the speech.

    it sets up these kinds of replies:

    And China hit back, with Chinese Foreign Ministry spokesperson Wang Wenbin invoking Afghanistan in his response to a question about Harris’ comments, saying the messy withdrawal from Kabul showed the U.S. had lost credibility. He charged that the U.S. “can smear, suppress, coerce, and bully other countries at will in order to maintain America first, without paying any price.”

    “This is the order that the U.S. wants. The U.S. always tries to make use of the rules and order to justify its own selfish, bullying and hegemonic behavior, but who still believe it now?” Wang said.

    https://apnews.com/article/middle-east-business-969fe25162023468754e57746d6da80d

    reminiscient of what happened in alaska earlier this year when blinken and his team was made to look foolish in front of the cameras.

    painful to watch. the brand took some shots this week.

30. I would love to hear your thoughts on this:
    http://redefininggod.com/obama-and-the-2nd-coming/

    1. I recall that site circulating around the time of Occupy Wall Street, in the same circles as David Wilcox and Iraqi dinars. Hasn’t changed much. This genre of material takes historical themes, people and predictions, puts them in a blender, then fills in the randomly generated gaps with falsehoods. The end result is to pollute awareness and create false cues for those who later encounter truth elsewhere.

Comments are closed.